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Report
Global Cooking Wine Market Report and Forecast 2024-2032
Market Report I 2023-11-30 I 109 Pages I EMR Inc.
Global Cooking Wine Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global cooking wine market is projected to grow at a CAGR of 3.91% between 2024 and 2032. Aided by its multifaceted applications in various cuisines and the growing emphasis on gourmet cooking, the market is expected to grow significantly by 2032.
Cooking wine, typically a type of wine specifically formulated for use in cooking rather than direct consumption, is gaining traction for its ability to enhance the flavour, aroma, and depth of dishes. Its usage spans across a myriad of culinary traditions, from Western to Asian, making it a versatile ingredient in kitchens worldwide. The wine's distinct properties, including its acidity, sweetness, and ability to tenderise, make it an indispensable component in numerous recipes.
The surge in the cooking wine market growth can be attributed to several key factors. Firstly, the rising popularity of culinary arts and the proliferation of cooking shows and food blogs have significantly boosted the interest in sophisticated cooking techniques, where cooking wine plays a pivotal role. Furthermore, the expanding hospitality sector and the evolving food preferences of consumers, leaning towards more refined and flavoured dishes, have contributed to the increased demand for cooking wine.
Another critical factor is the growing awareness of the health benefits associated with moderate wine consumption. Cooking wine, with its reduced alcohol content post the cooking process, is perceived as a healthier alternative to conventional cooking oils and fats, appealing to health-conscious consumers.
According to the cooking wine market analysis, the rise of gourmet home cooking, fuelled by the accessibility of exotic ingredients and cooking techniques through digital platforms, has led to more home chefs experimenting with cooking wine. This trend is further bolstered by the increasing availability of a diverse range of cooking wines in supermarkets and specialty stores, catering to various culinary needs and preferences.
The cooking wine market is segmented based on type, application, and geography. The types of cooking wine include red, white, and others, each offering unique flavours and suited for different cooking styles and dishes. The applications of cooking wine span across residential and commercial sectors, with the latter encompassing restaurants, catering services, and other culinary establishments.
One notable cooking wine market trend is the growing preference for organic and sustainably produced cooking wines, reflecting the broader consumer shift towards eco-friendly and health-conscious food products. This trend is driving wine producers to adopt organic farming practices and sustainable production methods.
Moreover, the market is witnessing the introduction of innovative cooking wine products, such as infused wines with herbs and spices, catering to the evolving tastes and preferences of consumers. These innovations are not only expanding the market's reach but also enhancing the culinary experience for consumers.
Market Segmentation
The market can be divided based on type, packaging, application, and region.
Market Breakup by Type
- White
- Red
- Others
Market Breakup by Packaging
- Glass Bottles
- Plastic Bottles
- Others
Market Breakup by Application
- B2B
- B2C
o Supermarket and Hypermarket
o Convenience Store
o Online
o Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global cooking wine market. Some of the major players explored in the report by Expert Market Research are as follows:
- AAK AB
- ECOVINAL
- Gourmet Classic Limited
- Mizkan America, Inc.
- Marina Foods, Inc.
- World Finer Foods (Reese Specialty Foods)
- Eden Foods, Inc.
- Roland Foods, LLC
- Goya Foods, Inc.
- The Kroger Co.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cooking Wine Market Analysis
8.1 Key Industry Highlights
8.2 Global Cooking Wine Historical Market (2018-2023)
8.3 Global Cooking Wine Market Forecast (2024-2032)
8.4 Global Cooking Wine Market by Type
8.4.1 White
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Red
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Cooking Wine Market by Packaging
8.5.1 Glass Bottles
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Plastic Bottles
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Cooking Wine Market by Application
8.6.1 B2B
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 B2C
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.2.3 Breakup by Type
8.6.2.3.1 Supermarket and Hypermarket
8.6.2.3.2 Convenience Store
8.6.2.3.3 Online
8.6.2.3.4 Others
8.7 Global Cooking Wine Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Cooking Wine Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Cooking Wine Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Cooking Wine Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Cooking Wine Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Cooking Wine Market Analysis
13.1 Nigeria
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 South Africa
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Turkey
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Morocco
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.4 Angola
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 AAK AB
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ECOVINAL
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Gourmet Classic Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Mizkan America, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Marina Foods, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 World Finer Foods (Reese Specialty Foods)
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Eden Foods, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Roland Foods, LLC
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Goya Foods, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 The Kroger Co.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
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